12975 Mill Road, King

Price: $5,488,800

7 bedrooms, 8 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13059964

A statement in craftsmanship and design, this custom-built residence spans approximately 8,660 square feet above grade and offers an exceptional sense of scale paired with refined, curated finishes throughout. Featuring 5+2 bedrooms, with ensuites and custom built-in closets, the home delivers both privacy and consistency in design. At the centre, a beautifully appointed chef's kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances, seamlessly connecting to the surrounding principal spaces. A fully integrated Control4 smart system allows for effortless control of lighting, climate, and media across the home. On the main level, a striking wine display serves as a design focal point, while the indoor pool introduces a rare, resort-style element, offering year-round enjoyment. The lower level is thoughtfully finished with a private movie theatre and a home gym, creating additional space tailored for comfort and recreation. The primary suite is a true retreat, complete with a spa-inspired ensuite and separate his-and-hers walk-in closets, both finished with custom built-ins. Every element of this home reflects a high level of care, from the quality of construction to the cohesion in design, an impressive and well-executed offering from start to finish.

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$5,488,800 - 12975 Mill Road, King

Detached for Sale in King

7Beds
8Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13059964
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
7
Bathrooms
8
Square Feet
5,000+ sqft
Neighbourhood
King
Lot Size
1 sqft
Listing Brokerage
THE AGENCY
Description

A statement in craftsmanship and design, this custom-built residence spans approximately 8,660 square feet above grade and offers an exceptional sense of scale paired with refined, curated finishes throughout. Featuring 5+2 bedrooms, with ensuites and custom built-in closets, the home delivers both privacy and consistency in design. At the centre, a beautifully appointed chef's kitchen is outfitted with top-of-the-line Wolf and Sub-Zero appliances, seamlessly connecting to the surrounding principal spaces. A fully integrated Control4 smart system allows for effortless control of lighting, climate, and media across the home. On the main level, a striking wine display serves as a design focal point, while the indoor pool introduces a rare, resort-style element, offering year-round enjoyment. The lower level is thoughtfully finished with a private movie theatre and a home gym, creating additional space tailored for comfort and recreation. The primary suite is a true retreat, complete with a spa-inspired ensuite and separate his-and-hers walk-in closets, both finished with custom built-ins. Every element of this home reflects a high level of care, from the quality of construction to the cohesion in design, an impressive and well-executed offering from start to finish.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$24,278.81/mo

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5%20%50%

5-yr fixed avg.

Principal: $4,391,040Interest: $2,892,604
Mortgage Amount$4,391,040
Total Interest$2,892,604
Est. Property Tax$3,888/mo
Total Cost$7,283,644

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: King

Discover King

King is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in King

  • Convenient location in King
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

King offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

12975 Mill Road, King

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$3,888
Insurance (est.)-$1,144
Net Cash Flow+$968

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1098/sqft, this property is priced in line with current King market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in King are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in King.

Bathroom Count Matters

With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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